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KnowBe4 is a leading provider of security awareness training and simulated phishing platforms, serving approximately 60,000 organizations worldwide. Founded by IT and data security expert Stu Sjouwerman, the company focuses on addressing the human element of cybersecurity. KnowBe4’s innovative approach helps organizations raise awareness about threats like ransomware, CEO fraud, and social engineering tactics.
Tens of thousands of organizations globally rely on KnowBe4 to mobilize their end-users as the last line of defense against cyber threats. The company’s training programs are designed based on the expertise of well-known cybersecurity specialists, including the late Kevin Mitnick, KnowBe4's Chief Hacking Officer.
One of KnowBe4's latest achievements is the launch of PhishER Plus, a product that leverages a global user base trained to identify and report phishing attacks. This advanced tool includes exclusive features like the Global Blocklist and Global PhishRIP, which work to block and remove phishing emails before they reach users' inboxes.
The Global Blocklist compiles validated threats from over ten million trained users, automatically blocking new phishing attempts. The Global PhishRIP feature quarantines confirmed phishing threats, removing them even before they are reported within an organization.
KnowBe4 is also an active participant in National Cybersecurity Awareness Month (NCSAM), providing resources like awareness posters, cybersecurity tips, and on-demand webinars. These resources aim to build a solid foundation of cybersecurity practices both for individuals and businesses, focusing on key behaviors such as multi-factor authentication and recognizing phishing attempts.
The company continues to innovate and provide invaluable tools and training to help organizations enhance their cybersecurity posture, promoting a culture of security awareness and safe online practices.
KnowBe4 has released its Q4 2021 global phishing report, analyzing phishing email trends in the U.S. and EMEA regions. The report indicates that U.S. phishing emails often mimic internal organizational communications, focusing on security alerts and policy changes, while EMEA emails are more personalized and task-oriented. The top-clicked phishing email subjects included items like 'Password Check Required Immediately' in the U.S. and 'Accept Invitation - Staff Meeting via Teams' in EMEA. More than 44,000 organizations rely on KnowBe4 for security awareness training.
KnowBe4 has launched a new podcast series, Security Masterminds, featuring expert discussions on cybersecurity. The inaugural episode, hosted by Dr. Lydia Kostopoulos, focuses on the fourth industrial revolution and its implications for cybersecurity. Each month, the podcast will explore various topics within the field, emphasizing the human element of security. With over 44,000 organizations using KnowBe4's platform, this initiative reflects the company's commitment to addressing the evolving cybersecurity landscape and bridging the skills gap created by rapid technological advancements.
KnowBe4, a leader in the security awareness training sector, has released five cybersecurity tips to safeguard users from holiday scams, including non-delivery and non-payment frauds. According to the FBI, these scams resulted in over $265 million in losses in 2020. The tips include caution regarding unknown websites, verifying sellers, being wary of gift card payments, using unique passwords, and enabling multi-factor authentication. CEO Stu Sjouwerman emphasizes the importance of these straightforward strategies to protect consumers during the holiday season.
KnowBe4, a leader in security awareness training, has launched a Holiday Cybersecurity Resource Kit to combat holiday-themed cyber scams. With increased online fraud due to supply chain issues and emotional stress, this kit provides essential tools for users to protect themselves. Included are an on-demand webinar, a white paper, a free video course in 10 languages, security tips, and educational materials. CEO Stu Sjouwerman emphasizes the importance of scrutinizing suspicious communications, especially during the festive season. For details, visit KnowBe4 Holiday Resource Kit.
KnowBe4 has successfully completed its acquisition of SecurityAdvisor, aimed at enhancing defenses against social engineering attacks, particularly ransomware. This acquisition introduces a new cybersecurity category termed Human Detection and Response (HDR), which integrates KnowBe4’s training platform with real-time user behavior analytics. HDR aims to fortify the Human Defense Layer in cybersecurity, providing Security Operations Centers (SOC) with deeper insights into user behavior to enhance security measures. The integration process will commence shortly, promising to improve overall cybersecurity effectiveness.
KnowBe4, Inc. (KNBE) has successfully completed a public offering of 9,200,000 shares of its Class A common stock at $25.75 per share, including the underwriter's full option for an additional 1,200,000 shares. This offering, upsized from an initial 8,000,000 shares, will not provide any proceeds to KnowBe4 as the shares are sold by existing stockholders. The offering received approval from the U.S. Securities and Exchange Commission on November 10, 2021, and was managed by leading financial firms including Morgan Stanley and Goldman Sachs.
KnowBe4 (NASDAQ: KNBE) has priced its underwritten public offering of 8,000,000 shares of Class A common stock at $25.75 per share, up from an initial offering of 7,000,000 shares. Selling stockholders have granted underwriters a 30-day option for an additional 1,200,000 shares. The offering is set to close on November 15, 2021. Key financial institutions involved include Morgan Stanley and Goldman Sachs. KnowBe4 will not receive proceeds from the stock sales. The registration statement was declared effective on November 10, 2021, by the U.S. SEC.
KnowBe4, Inc. (NASDAQ: KNBE) has announced a follow-on public offering of 7,000,000 shares of Class A common stock, with selling stockholders offering shares. An additional 1,050,000 shares may be purchased by underwriters. KnowBe4 will not receive any proceeds from this offering. Leading financial institutions including Morgan Stanley and Goldman Sachs will manage the offering. The registration statement has been filed with the SEC but is not yet effective. The offering is contingent on market conditions and regulatory approvals.
KnowBe4 (NASDAQ: KNBE) reported a 42.6% year-over-year increase in GAAP revenue, reaching $64.1 million for Q3 2021. Annual recurring revenue rose 44.1% to $262.2 million, with more than 44,000 customers. The company generated $19.9 million in cash flow from operations and had a free cash flow margin of 28.1%. The acquisition of SecurityAdvisor on November 1 is expected to enhance cybersecurity capabilities. Looking ahead, KnowBe4 anticipates Q4 revenue between $66.8 - $67.2 million, representing 35-36% growth.
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